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NASDAQ:CARE

Carter Bankshares (CARE) Stock Price, News & Analysis

Carter Bankshares logo
$30.75 0.00 (0.00%)
Closing price 10/2/2026 04:00 PM Eastern
Extended Trading
$30.85 +0.10 (+0.32%)
As of 05:57 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Carter Bankshares Stock (NASDAQ:CARE)

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Key Stats

Today's Range
$30.49
▼
$30.99
50-Day Range
$29.66
▼
$35.72
52-Week Range
$16.78
▼
$36.06
Volume
125,798 shs
Average Volume
259,964 shs
Market Capitalization
$681.42 million
P/E Ratio
5.29
Dividend Yield
1.30%
Price Target
$30.75
Consensus Rating
Hold

Company Overview

Carter Bankshares, Inc. is the bank holding company for Carter Bank & Trust, a community-focused financial institution headquartered in Martinsville, Virginia. The company serves individuals, businesses and organizations through a network of banking locations primarily in Virginia and North Carolina.

Carter Bank & Trust offers consumer and business deposit products, including checking and savings accounts, certificates of deposit and cash-management services. Its lending activities include residential and commercial real estate loans, business loans, construction financing, consumer loans and lines of credit.

The bank also provides digital banking, treasury-management and other financial services designed to support personal and commercial customers. Carter Bank & Trust traces its roots to 1974 and has expanded its presence in the region through organic growth and acquisitions. Carter Bankshares trades on the Nasdaq under the symbol CARE.

AI Generated. May Contain Errors.

Carter Bankshares Stock Analysis - MarketRank™

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36th Percentile Overall Score

CARE MarketRank™: 

Carter Bankshares scored higher than 36% of companies evaluated by MarketBeat, and ranked 647th out of 839 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Carter Bankshares has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on no strong buy ratings, 1 buy rating, 4 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for Carter Bankshares is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Carter Bankshares has only been the subject of 2 research reports in the past 90 days.

  • Read more about Carter Bankshares' stock forecast and price target.
  • Earnings Growth

    Earnings for Carter Bankshares are expected to grow by 25.25% in the coming year, from $2.02 to $2.53 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Carter Bankshares is 5.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Carter Bankshares is 5.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.40.

  • Price to Book Value per Share Ratio

    Carter Bankshares has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Carter Bankshares' valuation and earnings.
  • Percentage of Shares Shorted

    10.38% of the float of Carter Bankshares has been sold short.
  • Short Interest Ratio / Days to Cover

    Carter Bankshares has a short interest ratio ("days to cover") of 10.39, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Carter Bankshares has recently increased by 6.81%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Carter Bankshares pays a meaningful dividend of 1.30%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Carter Bankshares does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Carter Bankshares is 6.88%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Carter Bankshares will have a dividend payout ratio of 15.81% next year. This indicates that Carter Bankshares will be able to sustain or increase its dividend.

  • Read more about Carter Bankshares' dividend.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Carter Bankshares this week, compared to 2 articles on an average week.
  • Search Interest

    Only 1 people have searched for CARE on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Carter Bankshares to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Carter Bankshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $138,250.00 in company stock.

  • Percentage Held by Insiders

    2.38% of the stock of Carter Bankshares is held by insiders.

  • Percentage Held by Institutions

    41.48% of the stock of Carter Bankshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Carter Bankshares' insider trading history.
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CARE Stock News Headlines

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Carter Bankshares' Growth Doesn't Buy It A 'Buy' Rating
See More Headlines

CARE Stock Analysis - Frequently Asked Questions

Carter Bankshares' stock was trading at $19.66 at the beginning of 2026. Since then, CARE stock has increased by 56.4% and is now trading at $30.75.

Carter Bankshares, Inc. (NASDAQ:CARE) released its earnings results on Thursday, July, 23rd. The company reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.44 by $0.91. The firm had revenue of $68.68 million for the quarter, compared to analysts' expectations of $55.90 million. Carter Bankshares had a net margin of 36.79% and a trailing twelve-month return on equity of 7.46%.

Shares of CARE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Carter Bankshares investors own include Advanced Micro Devices (AMD), Tesla (TSLA), NVIDIA (NVDA), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Home Depot (HD).

Company Calendar

Last Earnings
7/23/2026
Record date for 8/24 Dividend
8/10/2026
Ex-Dividend for 8/24 Dividend
8/10/2026
Dividend Payable
8/24/2026
Today
10/05/2026
Next Earnings (Estimated)
10/22/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
Banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:CARE
CIK
1829576
Fax
N/A
Employees
687
Year Founded
N/A

Price Target and Rating

High Price Target
$34.50
Low Price Target
$27.00
Potential Upside/Downside
0.0%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

EPS (Trailing Twelve Months)
$5.81
Trailing P/E Ratio
5.29
Forward P/E Ratio
15.22
P/E Growth
N/A
Net Income
$31 million
Net Margins
36.79%
Pretax Margin
47.36%
Return on Equity
7.46%
Return on Assets
0.73%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.94
Quick Ratio
0.94

Sales & Book Value

Annual Sales
$254.63 million
Price / Sales
2.68
Cash Flow
$1.95 per share
Price / Cash Flow
15.79
Book Value
$19.00 per share
Price / Book
1.62

Miscellaneous

Outstanding Shares
22,160,000
Free Float
21,636,000
Market Cap
$681.42 million
Optionable
Optionable
Beta
0.59
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This page (NASDAQ:CARE) was last updated on 10/5/2026 by MarketBeat.com Staff.
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